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Red Eagle Mining Corp RDEMF

Red Eagle Mining Corp is a Canada-based development-stage company. It is engaged in the exploration and development of mineral properties. Geographically it operates in the countries of Canada and Colombia. It focuses on building shareholder value through discovering and developing gold projects with low costs and low technical risks in Colombia. The company primarily explores for Gold and owns interests in the Santa Rosa Gold Project located in Antioquia, Colombia covering an area of approximately 10,000 hectares.


GREY:RDEMF - Post by User

Post by bannannamanon Mar 25, 2018 12:13pm
232 Views
Post# 27777573

Read the NR's

Read the NR'sNow it becomes easier to understand. They Must believe that they will compromise and Will Win substantial numbers, maybe 30 million, through the process of either the mediation, or the extension of the height higher to make the old CB Gold more attractive. This makes each share of R say 5-8 cents more enriched, making the PP at 12 cents and the buyout at 13.5 cents understandable. Along with the properties themselves this could prove out to be a very wise decision. Being long, liking this piece of the puzzle. Also like the drill results beginning to come out to lengthen the mine life. Can hardly wait for it all to come together, including the second mine which, of course, can only come together when commercial production is achieved. GLTA, patience will overcome, giddy up! Each day the weaker hands are giving up in smaller numbers, making it easier later on for the major shareholders to drive the SP higher and to a much better number. Probably one day will jump a large number and continue on, keeping speculators out. One day at a time.
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